Average Weekly Earnings of Production and Nonsupervisory Employees, Goods-Producing
CES0600000030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,319.90
Year-over-Year Change
4.52%
Date Range
1/1/1947 - 7/1/2025
Summary
Tracks average weekly earnings for production and nonsupervisory employees in goods-producing sectors. Provides critical insight into wage trends and worker compensation.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Measures compensation for workers in manufacturing, mining, and construction industries. Indicates economic health and labor market conditions.
Methodology
Calculated through comprehensive establishment surveys tracking employee earnings.
Historical Context
Used by policymakers and economists to assess wage growth and economic performance.
Key Facts
- Covers manufacturing and production workers
- Reflects economic sector compensation trends
- Important indicator of worker economic health
FAQs
Q: What workers are included in this data?
A: Production and nonsupervisory employees in goods-producing industries like manufacturing, mining, and construction.
Q: Why are average weekly earnings important?
A: Indicates worker compensation levels and provides insight into economic conditions and labor market strength.
Q: How often is this data updated?
A: Monthly, providing current snapshot of earnings in goods-producing sectors.
Q: What impacts these earnings?
A: Factors like economic growth, industry performance, labor demand, and productivity influence weekly earnings.
Q: How do these earnings compare to other sectors?
A: Typically higher than service sectors due to specialized skills and industrial nature of work.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of Production and Nonsupervisory Employees, Goods-Producing (CES0600000030), retrieved from FRED.